[m.youssif]

GBPUSD Forecast
The GBPUSD had a significant bullish momentum yesterday, break above the bearish channel as you can see on my h4 chart below. This fact could end the bearish correction phase especially if price able to make a clear break above 1.6170 targeting 1.6250/80 region. Immediate support at 1.6079. Break below that area could trigger further bearish pressure testing 1.6000 – 1.5950 but will activate my wait and see mode.

[m.youssif]

GBPUSD Forecast
The GBPUSD had a significant bullish momentum yesterday, break above the bearish channel as you can see on my h4 chart below. This fact could end the bearish correction phase especially if price able to make a clear break above 1.6170 targeting 1.6250/80 region. Immediate support at 1.6079. Break below that area could trigger further bearish pressure testing 1.6000 – 1.5950 but will activate my wait and see mode.